8 ms·
Slightly off topic but: Why is Microsoft not included in this acronym (FAANG)? Surely they're a more significant company than Netflix?
by connor-brooks 6y ago
Slightly off topic but:
Why is Microsoft not included in this acronym (FAANG)? Surely they're a more significant company than Netflix?
- break_the_bank 6y agoThere was a period of time when Microsoft had lost its edge. I'm guessing they came up with the acronym then. Folks over at r/Wallstreetbets use the term FAGMAN. I'm not sure if that's politically correct!
- qppo 6y agohttps://www.cnbc.com/2019/10/03/cramer-we-gotta-get-netflix-the-hell-out-of-faang.html https://www.cnbc.com/2019/10/03/cramer-we-gotta-get-netflix-... It was Cramer back in 2013 who coined the term. It was a term for stocks, although on HN and around the engineer-verse I always took it to mean "big tech" companies that pay really well.
- detaro 6y agoBecause it comes from the stock markets. FAANG were hot tech stocks, Microsoft was boring at the time.
- deleted 6y ago[deleted]
- julianeon 6y agoThere are people who periodically propose this - so you could say your observation has been seconded. In fact there's already an acronym for that (which I've heard once or twice), FAMGA. https://www.applicoinc.com/blog/faang-is-out-famga-is-in-why-netflix-should-be-swapped-for-microsoft/ https://www.applicoinc.com/blog/faang-is-out-famga-is-in-why...